Senior Cost Engineer at WTS Energy

WTS Energy provides recruitment and manpower services for the global oil and gas and energy industries. We supply engineers and consultants to our clients' projects and operations, and perform employment outsourcing services such as workforce management in oil and gas regions around the world. WTS Energy operates globally with offices in 14 countries and is operational in over 50 countries.

We are recruiting to fill the position below:

Job Title: Senior Cost Engineer

Location: Lagos, Nigeria
Employment Type: Full-time

Overall Purpose of the Job

• To provide complete suite of cost engineering services and financial support for projects involving development of cost management models, preparation and/or review and endorsement cost estimates of different levels of accuracy and control services throughout the project lifecycle for value optimization.

Principal Accountabilities

• Develop the project cost management strategy, plans and procedures. Implement project-wide cost measurement and reporting system, including roll-up levels and reporting cycle calendar.
• Identify and evaluate new technologies, cost models and tools for estimating CAPEX & OPEX costs and, if appropriate, progress and manage use in current assets and in new projects under development. Review existing cost systems and methods and recommend actions to correct deficiencies.
• Coordinate development and implementation of work breakdown structure (WBS) / cost breakdown structure (CBS) in concert with Planning/Scheduling Engineer.
• Collect and compile progress and cost data, and develop cost-control worksheets and reports for review by delivery teams;
• Provide cost estimating expertise, procedures and review capabilities, including cost estimating and risk, uncertainty and sensitivity analyses.
• Review financial data related to accruals, invoice payments, purchase orders and material deliveries and other financial data;
• Coordinate and develop project annual-spend projections, cost reconciliations and variance analyses;
• Work with PMT and accounting function to ensure adequate financial controls including preparation of AFE.
• Support Asset Owners and PMT with cost estimates during budgeting and performance activity with JV. Develop and issue various reports to appropriate stakeholders.
• Perform complete analysis and cost validations using internal and external benchmarking data, historical indices, and component benchmarking.

Job Knowledge and Qualifications

• Technical graduate, membership of a professional body of Cost Engineers desirable.
• Working knowledge of a broad range of Cost Estimating Systems, Tools and Practices.
• A minimum of 10 years’ experience in an E&P major projects environment.
• A minimum of 8 years’ experience in Cost Estimating
• Extensive experience of EPC contract management.
• Excellent inter-personal and leadership skill with good communication skills (written and verbal) are essential.
• Team player and leader
• Working knowledge of a broad range of Cost Estimating Systems, Tools and Practices.
• Good inter-personal and leadership skills.
• Good communications skills (i.e. report writing and presentation) are essential.

Application Closing Date
Not Specified.